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Reliance Infrastructure Ltd announced on Friday that the appellate tribunal NCLAT has halted insolvency proceedings against the company after it repaid Rs 92.68 crore related to tariff obligations under an energy purchase agreement. What Was NCLT’s Order Against Reliance Infra? Reliance Infrastructure in its latest regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) has stayed an NCLT order over an appeal filed by it. The Mumbai bench of the National Company Law Tribunal (NCLT) on May 30 this year directed initiation of the corporate insolvency resolution process and appointment of an interim resolution professional against Reliance Infrastructure. The NCLT order came after IDBI Trusteeship in April 2022 had filed a petition alleging a default of Rs 88.68 crore plus interest as of August 28 2018. In a regulatory filing on June 2 this year Reliance Infrastructure said the NCLT order has become infructuous upon full payment having already been made. On June 4 NCLAT had suspended the NCLT order while hearing the companys appeal which said it has made the full payment of Rs 92.68 crore to Dhursar Solar Power Pvt Ltd (DSPPL). The company has made full payment of Rs 92.68 crore to Dhursar Solar Power Private Limited towards claim of tariff as per the Energy Purchase Agreement with the company Reliance Infra had said in its June 2 statement. What Were Allegations Against Reliance Infra? IDBI Trusteeship in its petition had alleged payment defaults on 10 invoices raised between 2017 and 2018 by DSPPL for supplying solar energy to Reliance Infrastructure. The payments were sought by IDBI Trusteeship the security trustee of DSPPL.  (With Inputs From PTI)